Demo

Operational Risk Oversight Officer II

Truist Bank
Salem, NC Full Time
POSTED ON 12/4/2024
AVAILABLE BEFORE 2/3/2025

Language Fluency: English (Required)


Work Shift:

1st shift (United States of America)

Job Grade:

112

Please review the following job description:

Provide independent oversight for operational risk in multiple complex business units or a division at Truist Financial Corporation. Guide and offer credible challenge to leaders in the execution of the Operational Risk Management Framework. Be a thought leader and facilitate complex assessments and initiatives consistent with Truist's objectives. Influence implementation of forward-looking systems and processes that support risk management and the Corporation's risk management culture. Activities have implications for one or more complex business units or a division at Truist.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time.  

1. Provide subject matter expertise, guidance and oversight to business units or division; advocate leading methods, practices and strategies to manage complex operational risks within appetite and achieve strategic business objectives. 

2. Lead complex independent assessments and special projects.

3. Evaluate and provide input in development and implementation of policies and processes.

4. Plan, organize, coordinate, and manage work within assigned area of responsibility to meet division and department goals.

5. Guide and offer credible challenge to business leaders. 

6. Maintain effective working relationships with leaders in all lines of defense.

7. Collaborate with BURM teams and Risk Programs to provide holistic risk oversight.

8. Monitor, review, and challenge Business Unit risk control self-assessments, scenario analyses, loss analyses, change risk assessments, readiness assessments, vendor risks, operational resiliency, key risk and performance indicators, and risk identification, monitoring and mitigation strategies. 

9. Assist in aggregating, integrating, and correlating operational risks. 

10. Issue findings for high-priority control gaps and approve remediation efforts.  

11. Serve as a subject matter expert, resource, and mentor to peers.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree with major in financial-related discipline (accounting, business, finance, etc.) or equivalent education and experience

2. 15 years of banking or risk management experience

3. Strong analytical and organizational skills 

4. Possess and demonstrate strong knowledge, leadership and decision-making skills 

5. Excellent interpersonal skills demonstrating the ability to interact with all levels of management effectively

6. Subject matter expertise in risk management and/or area of oversight

7.  Ability to work independently with minimal direction and guidance

8. Capable of handling multiple projects concurrently

9. Proficiency with Microsoft Office products

10. Ability to travel, occasionally overnight

Preferred Qualifications:

1. Master's degree in Business Administration (MBA) or advanced degree in Business Management or Finance.

2. Professional designation related to risk management or field of assigned area of oversight 

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

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